Tech Meme

Rohan Goswami / CNBC: SEC filing: Alphabet sold ~90% of its stake in Robinhood as of June 30, as it pares back large positions in multiple publicly traded firms, including Duolingo  —  – Google parent Alphabet has pared back large positions in multiple publicly traded firms, including the trading platform Robinhood, 23andMe and Duolingo. Lees verder op Tech Meme

Manish Singh / TechCrunch: India delays import limitations on laptops, tablets, and servers, giving companies a “transition period” of at least one month to obtain licenses  —  India is delaying the implementation of its import limitations on laptops, tablets, and servers, a day after the unexpected … Lees verder op Tech Meme

Yoojung Lee / Bloomberg: South Korean circuit board maker Isu Petasys, whose clients include Alphabet, Nvidia, and Microsoft, has seen a 475%+ stock surge in 2023 fueled by the AI boom  —  – Isu Petasys supplies tech giants such as Nvidia with circuits  — Patriarch Kim Sang-Beom and family see value of stake soar Lees verder op Tech Meme

Suvashree Ghosh / Bloomberg: A look at efforts in Asian jurisdictions like Hong Kong and Japan to clarify crypto rules, in contrast to the US, which remains mired in regulatory disarray  —  – Hong Kong, Japan and South Korea rolled out fresh frameworks  — US lawmakers remain in heated debates over regulating crypto Lees verder op Tech Meme

Jordan Novet / CNBC: Atlassian reports Q4 revenue up 24% YoY to $939.1M, vs. $914.6M est., and forecasts Q1 revenue above expectations; TEAM jumps 19%+  —  – Atlassian said that starting in the 2025 fiscal year, following a push to move customers to the cloud, margins will approach historical levels. Lees verder op Tech Meme

Emma Roth / The Verge: Coinbase asks a judge to dismiss the SEC’s lawsuit against it, arguing that the case falls outside the agency’s authority as Coinbase doesn’t trade securities  —  Coinbase is asking a judge to dismiss the Securities and Exchange Commission’s lawsuit against it. Lees verder op Tech Meme

Martin Coulter / Reuters: To comply with EU DSA, TikTok will let users turn off personalized recommendations in the For You feed, remove targeted ads for those aged 13 to 17, and more  —  Chinese-owned social media platform TikTok has announced a raft of new features for European users aimed at improving compliance with incoming European Union regulations. Lees verder op Tech Meme

CNBC: Ilya Lichtenstein, who earlier pleaded guilty to laundering billions in cryptocurrency from the 2016 Bitfinex hack, admits to being the original Bitfinex hacker  —  – A New York man admitted being the original hacker of bitcoin in the 2016 hack on Bitfinex he pleaded guilty in federal court … Lees verder op Tech Meme

Jean Eaglesham / Wall Street Journal: Tel Aviv-based insurance marketplace Vesttoo considers removing its CEO and CFO amid an alleged multibillion-dollar fraud involving faked letters of credit  —  Tel Aviv-based firm, facing questions about fake documents, may fire its founders  —  A hot Israeli startup promised … Lees verder op Tech Meme

Martin Coulter / Reuters: To comply with EU DSA, TikTok will let users users turn off personalized recommendations for videos, remove targeted ads for those aged 13 to 17, and more  —  Chinese-owned social media platform TikTok has announced a raft of new features for European users aimed at improving compliance with incoming European Union regulations. Lees verder op Tech Meme